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Dec 10, 2010
12/10
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you get a tax cut. you get a tax cut. >> i'm with scott. at least santa checked to see whether you've been naughty or nice. this government doesn't even do that. tax cuts for everybody. we're going to be joined by a congressman who does not support this compromise and jack kingston, a georgia republican who's in favor of the tax cuts. congressman kingston, this deal has $850 million to the deficit. so you must be pleased with that? >> cenk, i'm concerned about that. to me, if there's anything missing to this, it is a deficit reduction portion and i think both parties should be able to get together on that. i don't know that republicans are in the back room jumping for joy. we are pleased that progress is being made. we think this is very important for economic recovery and we need to have tax cuts across the board for everybody. this is about the economy. the thing i agree with, i wish there was a serious debt reduction portion of this. >> let me stay with you for one second. so later when we do austerity program, you're going to demand the
you get a tax cut. you get a tax cut. >> i'm with scott. at least santa checked to see whether you've been naughty or nice. this government doesn't even do that. tax cuts for everybody. we're going to be joined by a congressman who does not support this compromise and jack kingston, a georgia republican who's in favor of the tax cuts. congressman kingston, this deal has $850 million to the deficit. so you must be pleased with that? >> cenk, i'm concerned about that. to me, if...
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Jun 5, 2011
06/11
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governor, are you for tax cuts or against tax cuts? because now if you're going to lay out the tax cuts in this stimulus bill as a good thing, then how are calling for more tax cuts now a bad thing? >> no, what i'm saying -- >> this is the problem. this is the disingenuous -- >> he said the president had a mix of spending increase and tax cuts. there's a mix. is that wrong? >> that's why we have deficits. you cannot spend and cut taxes. >> i like this, governor. let's take a look at the latest tracking poll of the president. despite this number which is no friend to the president of 9.1%, he's at 53%. he hasn't been this high in a long time. he's been at 50% most of the time. going up this time. this disapproval number's down to 39%. the lowest it's been. i want to jump ahead here to mitt romney. i don't understand why he's running for president. he doesn't look like he wants to be president. he was born for it. here's romney's latest -- salvo, somebody wrote salvo on the teleprompter. let's go with it. i don't think he knows how to do
governor, are you for tax cuts or against tax cuts? because now if you're going to lay out the tax cuts in this stimulus bill as a good thing, then how are calling for more tax cuts now a bad thing? >> no, what i'm saying -- >> this is the problem. this is the disingenuous -- >> he said the president had a mix of spending increase and tax cuts. there's a mix. is that wrong? >> that's why we have deficits. you cannot spend and cut taxes. >> i like this, governor....
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Jul 2, 2012
07/12
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now he is back to arguing that it's not a tax. >> you guys called it a tax? >> the governor disagreed with the ruling of the court. clearly stated that the mandate was not a tax. >> okay. which -- so i guess -- we're -- i think we're talking around each other. the governor does not believe the mandate is a tax? that is what you're saying? >>he governor believes what we put in place in massachusetts was a penalty and he disagrees with the court's ruling that it is not a tax. >> but he agrees with the president that it is not -- and he believes that you should not call the tax penalty a tax, you should call it a penalty or a fee or a fine? >> that's correct. but the president also needs to be held accountable for his contradictory statements. he has described it variously as a penalty and as a tax. he needs to reconcile those two very different statements. >> before i let you go, i want to ask you to respond to this tweet. i am sure you have seen it over the weekend. met mitt romney last week. will be hard to beat unless he drops old friends from team and hires
now he is back to arguing that it's not a tax. >> you guys called it a tax? >> the governor disagreed with the ruling of the court. clearly stated that the mandate was not a tax. >> okay. which -- so i guess -- we're -- i think we're talking around each other. the governor does not believe the mandate is a tax? that is what you're saying? >>he governor believes what we put in place in massachusetts was a penalty and he disagrees with the court's ruling that it is not a...
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May 3, 2012
05/12
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i know he wants to cut taxes. that's what people like him say just as they tend to play golf and follow pro sports news. mitt is like every other business type. he wants to cut taxes and regulation. he's not all that interested in other things, those things that people in politics and government get so passionate about. he's not that interested, let's admit it, in farm policy. he's not that interested in the world, really. he's not that interest in politics, from what i can tell. does anyone think he'd be watching this network at night or fox or cnn or anyone that politics is being discussed? would he be reading the columns where the debate is occurring? i doubt it. he's interested because he's running right now for president. this is why he makes such a handy tool for the bill kristols of the world. they can use romney to get what they've never gotten from barack obama, a useful tool. this is the giant reason to fear romney's election. not that he may turn right on his own, but that he doesn't care about any of t
i know he wants to cut taxes. that's what people like him say just as they tend to play golf and follow pro sports news. mitt is like every other business type. he wants to cut taxes and regulation. he's not all that interested in other things, those things that people in politics and government get so passionate about. he's not that interested, let's admit it, in farm policy. he's not that interested in the world, really. he's not that interest in politics, from what i can tell. does anyone...
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Jun 8, 2012
06/12
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tax fairness. the same tax rates that clinton had in the '90 that's you guys would -- >> no, you don't. no you don't. all of them? all of them? are you advocating for all of bill clinton's tax increases? >> not for the very rich. the top 1%. >> i'm sorry you said -- but that was the land of milk and honey. we had the clinton tax rates. >> you're asking a question. what has been rejected by the republican congress? all of the jobs bills on the table, all proposals for tax fairness. everything to re-establish an american democracy in economic terms which is, an opportunity for the middle class to actually grow in their hopes and in their life, and number two, fairness across the board, and, three, real economic expansion led by the government, because it's the only one of the three, consumer investor or government, that's alive right now. the others are holding back. >> i'm having a hard time keeping track of democratic economic leaders including the president himself who have blocked those tax incre
tax fairness. the same tax rates that clinton had in the '90 that's you guys would -- >> no, you don't. no you don't. all of them? all of them? are you advocating for all of bill clinton's tax increases? >> not for the very rich. the top 1%. >> i'm sorry you said -- but that was the land of milk and honey. we had the clinton tax rates. >> you're asking a question. what has been rejected by the republican congress? all of the jobs bills on the table, all proposals for tax...
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Jul 2, 2012
07/12
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penalty a tax. you should call it a penalty or a fee or a fine? >> that's correct. but the president also needs to be held accountable for his hypocritical and contradictory statements. >> on sunday, mitch mcconnell was asked about the box romney finds himself in. >> if the obama mandate is a tax on the middle class, isn't the romney mandate a tax on the middle class? >> well, i think governor romney will have to peek for himself about what was done in massachusetts. >> there's plenty of archival footage. on "meet the press" in 2006, mitt romney had trouble explaining why the fees he raised in massachusetts weren't taxes. >> a fee's not a tax. if you call a tax. it's reality. it's -- and i -- i am not trying to hide from the fact. we raise fees $240 million. >> does the gop need romney to play ball if they intend to sell this as a tax? >> i've been on this program one or two other times. i can't figure it out. clearly, you see an extreme tension between everyone else in the republican party and thei
penalty a tax. you should call it a penalty or a fee or a fine? >> that's correct. but the president also needs to be held accountable for his hypocritical and contradictory statements. >> on sunday, mitch mcconnell was asked about the box romney finds himself in. >> if the obama mandate is a tax on the middle class, isn't the romney mandate a tax on the middle class? >> well, i think governor romney will have to peek for himself about what was done in massachusetts....
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Jul 13, 2012
07/12
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the ace r potics maers. onee in tsouing job ppor taxreak overseas. insourcing. tax ts f comnieshatbrinjobsome. tsouing rsusnsouing. itatte. i'm barack obama, and i approved this message. i'm barack obama, and i approved this message. this is new york state. we built the first railway, ithe first tradrouted i approved this message. this i the west, state. the eate empes. th, so sai tradrouted i approved this message. we lt ouedgeest, state. we tod, the's new new rk ste. the eate empes. e th's wkingo atact buness ans a place where innovation meets determination... anbusinesses lead the world. e nenew rk workfor sine. findut h it n wo foryourat tnew. mid grade dark roast forest fresh full tank brain freeze cake donettes rolling t dogs bag of ice anti-freeze wash and dry esel selferve fix flat jump cabs casack gnupor 5cashck a s stionshrou sepmber payto dcove focus lolo, focus let's do this i from baltore uth roli... bloongto calorni.. i auin, xas.ore arell he toeprent thiss foeverne bk ho it's go time. aoss eric we're a comttedo te usa >>> i'm tyler mh ien wh your cnb p. e dojump upbig. th s&p h
the ace r potics maers. onee in tsouing job ppor taxreak overseas. insourcing. tax ts f comnieshatbrinjobsome. tsouing rsusnsouing. itatte. i'm barack obama, and i approved this message. i'm barack obama, and i approved this message. this is new york state. we built the first railway, ithe first tradrouted i approved this message. this i the west, state. the eate empes. th, so sai tradrouted i approved this message. we lt ouedgeest, state. we tod, the's new new rk ste. the eate empes. e th's...
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Sep 25, 2012
09/12
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. >> it is a poll tax. >> exactly a poll tax. >> let me ask you about this -- the -- do you have a sense, mark, whether this was -- i don't know if conspiracy is the right wordut concerted effort thete a the democrats weren't watching the candy store when all these people got elect. were they all working together when this -- >> this was an orchestrated, planned attack. an orchestrated planned avalanche that took place. giivha council who were behind this. you had large numbers of people who determine that it was part of the 2012 strategy to make it more difficult for people to vote. we need to understand that there have been scant cases of voter impersonation inhis country, that have turne. tha tioo f prlem. this is a set of legislative initiatives behind a phoney smoke screen of voter fraud. we want people to understand what it is. we want people to be informed. we want people to vote. >> here's congressman -- the great congressman john wis, w talking at voter registration event in georgia today, encouraging people to fight voter suppression. he's been great on this. let's listen. >> t
. >> it is a poll tax. >> exactly a poll tax. >> let me ask you about this -- the -- do you have a sense, mark, whether this was -- i don't know if conspiracy is the right wordut concerted effort thete a the democrats weren't watching the candy store when all these people got elect. were they all working together when this -- >> this was an orchestrated, planned attack. an orchestrated planned avalanche that took place. giivha council who were behind this. you had large...
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436
Jul 9, 2011
07/11
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the reality of it is that 51% of american households tax payers don't pay taxes. what you're talking about is a shrinking number of people who are contributing to the overall investment to tax policy in this country. if you've got 51% of tax payers don't pay you're looking at a smaller number. >> wait a minute. >> let him finish. >> what the senator is talk about is creating an environment in which the poor are empowered to get jobs so that they could contribute through taxes. >> he's basically saying they're not paying enough. >> that's what he meant. i talked to the man. >> he said they also need to share the responsibility. >> that's right. >> oh, okay. once they get jobs. >> but he did. >> wait a second. >> this is the first part of what he said, the poor need to get jobs. >> the poor need jobs and they also need to share -- >> that's part of the responsibility. >> come on, people. >> when you say that 51% don't pay income taxes what are your suggestion that we should put more income taxes on those people who are at the bottom rungs? >> no -- >> >> let me ask
the reality of it is that 51% of american households tax payers don't pay taxes. what you're talking about is a shrinking number of people who are contributing to the overall investment to tax policy in this country. if you've got 51% of tax payers don't pay you're looking at a smaller number. >> wait a minute. >> let him finish. >> what the senator is talk about is creating an environment in which the poor are empowered to get jobs so that they could contribute through taxes....
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Sep 8, 2012
09/12
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-- literally another trillion dollar tax cut for the wealthy. and literally amazes me they don't understand. general motors and chrysler were literally on the verge of liquidation. literally the first days -- literally stood on the brink -- literally hung in the balance -- literally -- literally -- the direction we turn is not figuratively, it is literally in your hands. >> well, the direction of history is literally in our hands? he dropped that word ten times. the obama campaign pounced on that one when twitter looked at the word literally, a promotional message from the osama campaign. osama bin laden is dead and general motors is alive. they're moving fast. and even though this past week in charlotte has been chock-full of memorable moments, i doubt anyone has forgotten about the most bizarre moment from last week down in tampa. of course it's clint eastwood talking to an empty chair. and before singing some of his recognizable songs, yesterday singer/songwriter james taylor addressed any concerns about his own four-legged prop. >> i know it
-- literally another trillion dollar tax cut for the wealthy. and literally amazes me they don't understand. general motors and chrysler were literally on the verge of liquidation. literally the first days -- literally stood on the brink -- literally hung in the balance -- literally -- literally -- the direction we turn is not figuratively, it is literally in your hands. >> well, the direction of history is literally in our hands? he dropped that word ten times. the obama campaign pounced...
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Aug 26, 2010
08/10
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added tax. we're the one. when the g-20 meets, 19 have procurement that favors their own producers. we're the one that doesn't. we have to put ourself into sync with these other countries. >> if you're really a capitalist, and "forbes" magazine represents the concept of being a capitalist. every captain goes down with the ship. wouldn't we have a tax code where we didn't tax penal for having money, making money, or investing money, but we tax things like consumption, and you can have political debates from gasoline to cigarettes, and the last thing you end up tacking, i deally, in a capitalist society, would be capital so if you want to invest your capital and create jobs, is that irrational? why is that so far away from the tax code in the country now do you think? >> well, what we have and most countries have is the danger is the ferocious income taxes and a massive consumption taxes. if you want to bring in something like the v.a.t. and replace the income tax and pa payroll tax or some combin
added tax. we're the one. when the g-20 meets, 19 have procurement that favors their own producers. we're the one that doesn't. we have to put ourself into sync with these other countries. >> if you're really a capitalist, and "forbes" magazine represents the concept of being a capitalist. every captain goes down with the ship. wouldn't we have a tax code where we didn't tax penal for having money, making money, or investing money, but we tax things like consumption, and you can...
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Jul 3, 2012
07/12
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. >> i thought all along it was a tax. i don't think it's a tax or a penalty. it's both. >> regardless of the term, we want to look at the bottom line. how will it affect americans in the pocket book. richard louie dug into that. >> at the heart of the penalty versus tax argument, the 1.3% of americans that the office estimates will not buy insurance this. group is not too worried about the term, but the penalty it may cost. that depens on how much they make. for individuals and their incomes where they are less than $9500, it is zero. above that they start to max out. they will never go greater than 2.5% of income. $50,000, you are looking at $1,000 in penalty. the question then to those who are not going to buy insurance, which is better, the penalty or the plan? those are the penalties and here are the costs from the kaiser family foundation. employers wanted the plans and about $2200. if you make 100,000 or less, it's probably cheaper to go with the penalty. the non-employer plans have $4300. if you make $200,000 or less, for context though, a broken leg, t
. >> i thought all along it was a tax. i don't think it's a tax or a penalty. it's both. >> regardless of the term, we want to look at the bottom line. how will it affect americans in the pocket book. richard louie dug into that. >> at the heart of the penalty versus tax argument, the 1.3% of americans that the office estimates will not buy insurance this. group is not too worried about the term, but the penalty it may cost. that depens on how much they make. for individuals...
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Jul 11, 2012
07/12
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they are talking about sales taxes, commuter taxes, something that republicans outside of pennsylvania and in pennsylvania will perhaps seize on as not the way to do this spoep that's one political aspect of this. but the bottom line is the city is broke. they are juggling bills, borrowing from peter to pay paul, and the unions insist they are being treated unfairly. >> that's startling, ron. $5,000 left there. nbc's ron allen. thank you so much there in scranton, pennsylvania, with the latest. >>> if you want a president who will make things better in the african-american community, you are looking at him. you take a look. >> that was mitt romney just a short time ago facing a tough crowd at the naacp convention. it's only the second time that romney has addressed african-americans. the first was in philadelphia in may where he visited an inner city school and spoke with teachers then. joining me now, philadelphia's democratic mayor, michael nutter and on capitol hill, democratic congressman james clyburn of south carolina. good morning to both of you. and i want to start with you, if
they are talking about sales taxes, commuter taxes, something that republicans outside of pennsylvania and in pennsylvania will perhaps seize on as not the way to do this spoep that's one political aspect of this. but the bottom line is the city is broke. they are juggling bills, borrowing from peter to pay paul, and the unions insist they are being treated unfairly. >> that's startling, ron. $5,000 left there. nbc's ron allen. thank you so much there in scranton, pennsylvania, with the...
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Jul 12, 2012
07/12
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citigroup, the number one abuser of offshore tax havens has over 1200 tax havens. that's just one of them. you mentioned the accounting firms and tax swiss is a bank that is under investigation by the department of justice right now for helping americans evade taxes by hiding them in swiss bank accounts. >> the question in the interview was, is it unpatriotic? is it patriotic? is it the american thing to do to take your money offshore? romney said he's not hiding anything and reports like yours that you came out with are just a distraction. what's your response in. >> contrary to what lindsey graham and others have said, it's not american to hide your income from the government so it can't tax it. in addition, when people wonder what is this 1% versus 99% thing about? this is a good story to tell. it's a small economic elite that is maximizing their profits at the expense of virtually everyone else. all of the people who are paying their taxes fairly or who would like to see the government invest more in jobs or education or health care. >> george, from your report
citigroup, the number one abuser of offshore tax havens has over 1200 tax havens. that's just one of them. you mentioned the accounting firms and tax swiss is a bank that is under investigation by the department of justice right now for helping americans evade taxes by hiding them in swiss bank accounts. >> the question in the interview was, is it unpatriotic? is it patriotic? is it the american thing to do to take your money offshore? romney said he's not hiding anything and reports like...
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Jun 3, 2011
06/11
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should we do a tax cuts, mix in tax cuts. that's good american argument. we will could that when we are a thousand years old. but governor, help me here. why does a sophisticated republican call the president of the united states european? what what in the world does that mean? >> michael has always been better than most people in his party. he never resorted it that. but there is name calming. he could have said, the president spends too much money. the president hasn't solved economic problems. he doesn't have to use what is clearly a slur, designed to ignite the french anti-european. this is america. barack obama is as american as you are michael. he is as american as i am. he is as american as chris is. nobody complained about him not being order american when he ordered the seals to take out osama bin laden, right? nobody did. he is american. stop this stuff. michael you should step up and tell your foam stop it. >> yeah, i had that ability at one time. >> you still do tp you still do. >> i think this is an overreach here. >> no. >> want more? okay, i
should we do a tax cuts, mix in tax cuts. that's good american argument. we will could that when we are a thousand years old. but governor, help me here. why does a sophisticated republican call the president of the united states european? what what in the world does that mean? >> michael has always been better than most people in his party. he never resorted it that. but there is name calming. he could have said, the president spends too much money. the president hasn't solved economic...
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Sep 10, 2011
09/11
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>> i think they'd rather cut taxes from millionaires and billionaires. they haven't done that. they have had a chance to do this in the last two years. >> you're on laughing gas now. think always say the small businessman is the image of the party. >> last year the republicans held up a small business bill for over mine months. why? it had a made by obama sticker attached to it. you have 40, 80, 100 tea party members of the house who may not go along with anything that even a reasonable eric cantor wants to say. >> is it raet that bad on the republican side now? they just want to screw the guy? >> it has been that guy. it's been worse. will it be this bad that time? >> how does he apply enough heat locally to break boehner to give him a vote or bring to serious close to passage what he wants? >> it's a good start to go to cantor's district thing, boehner's district thing. >> take it. >> you know what we're going to do for our small educational role here. we're going to keep doing what we're going on the screen. we continue to show the bridges in his district. 90 something bridg
>> i think they'd rather cut taxes from millionaires and billionaires. they haven't done that. they have had a chance to do this in the last two years. >> you're on laughing gas now. think always say the small businessman is the image of the party. >> last year the republicans held up a small business bill for over mine months. why? it had a made by obama sticker attached to it. you have 40, 80, 100 tea party members of the house who may not go along with anything that even a...
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May 12, 2011
05/11
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cuts without that tax policy and that sense of fairness. this actually is a business, jimmy, which means we have to take a commercial. we'll be back after that. as the panel continues with a look at the young people of america and our sitting president. is the party over for barack obama, bill roadie, our specialist with susan, karen and jimmy right after this. uh, i'm in a timeout because apparently riding the dog like it's a small horse is frowned upon in this establishment! luckily though, ya know, i conceal this bad boy underneath my blanket just so i can get on e-trade and check my investment portfolio, research stocks, and set conditional orders. wait, why are you taking... oh, i see. hey max, would it kill you to throw a guy a warning bark? [ dog barks ] you know i wanted a bird. [ male announcer ] e-trade. investing unleashed. if you ask a musician, they might call it inspiring. to a doctor, it's groundbreaking. to a ceo, it's powerful. to a teacher, it's the future. if you ask a child, she might call it magic. and if you asked us,
cuts without that tax policy and that sense of fairness. this actually is a business, jimmy, which means we have to take a commercial. we'll be back after that. as the panel continues with a look at the young people of america and our sitting president. is the party over for barack obama, bill roadie, our specialist with susan, karen and jimmy right after this. uh, i'm in a timeout because apparently riding the dog like it's a small horse is frowned upon in this establishment! luckily though,...
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Jun 28, 2012
06/12
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the stacks a tax and you have could on ply with the tax it is not an optional tax. >> my understanding was during the debate, the congress said they didn't want to put any penalties in there for not paying the penalty. >> penalty on the penalty, i suppose. >> yes. >> as we understand it, what's happened is the supreme court has said that the tax not just a situation where the man date was thrown out, the mandate itself is upheld under the taxing power. i'll if consequence not complying with the mandate, that is you have to pay this significant material tax. as the law stands now, people can be comfort and of a dent, agree or disagree are the court didn't throw out the mandate piece of this they uphelds the mandate under the taxing power. they didn't just uphold the penalty. >> okay. very good. very subtle. thank you. tom goldstein of scotus blog. you canç see that this is a subtle decision, would you say tom? >> it's subtle in its legal reasoning but i think it's pretty firm in its consequence. obviously a huge number of words in the opinion that are still being digested. but our pre
the stacks a tax and you have could on ply with the tax it is not an optional tax. >> my understanding was during the debate, the congress said they didn't want to put any penalties in there for not paying the penalty. >> penalty on the penalty, i suppose. >> yes. >> as we understand it, what's happened is the supreme court has said that the tax not just a situation where the man date was thrown out, the mandate itself is upheld under the taxing power. i'll if...
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Aug 24, 2012
08/12
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schemes to avoid paying income taxes. one of the funds said specifically the reason it was set up was to avoid paying income taxes in the u.s. and that flies from the face of what he said previously. when he said why these things were going to be up. >> we're going to john cassidy of the new yorker who will tell me what we actually know about mitt romney's finances about his taxes. what is the overall picture that has emerged in the aggregate even if we can't fill in every detail? >> when he left bain, he got a complicated package which allows him to invest in bain capital funds. bain capital like many other private equity firms organizing through the cayman islands. so gawker the website got ahold of 21 of these documents put them online and we can see how a lot of romney's investments channelled through the cayman islands. now, is that illegal? no. is it necessarily tax evasion? no either. romney says that the reason they channel things through the cayman islands is to allow foreign investors not american investors to d
schemes to avoid paying income taxes. one of the funds said specifically the reason it was set up was to avoid paying income taxes in the u.s. and that flies from the face of what he said previously. when he said why these things were going to be up. >> we're going to john cassidy of the new yorker who will tell me what we actually know about mitt romney's finances about his taxes. what is the overall picture that has emerged in the aggregate even if we can't fill in every detail?...
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Dec 1, 2011
12/11
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bush taxes. >> those aren't raises -- >> but taxes will go up. we talked about this yesterday, the message from chuck schumer saying the belt tightening of 2010 is over. you have the wind at your back based on the argument that people want to address income equality. >> i don't think he's going to say ronald reagan won't say he's going to raise your taxes, we're both going to do it, i'm going to tell you about it. he's going to talk about shared sacrifices and other words to talk about it and to reduce the deficit and pay for social programs by letting bush tax cuts expire and raising taxes on the wealthy. i think it would be dangerous for him to do that. >> you've been going around the country, casey, are people talking about taxes or jobs? >> they are mostly talking about jobs, more than anything. >> boom. i win, richard. always. >> right? isn't that what voters are talking about? oh, my god the bush tax cut, i don't think this is on their minds. >> i think they understand if they have less money in the paycheck come january. >> payroll versus
bush taxes. >> those aren't raises -- >> but taxes will go up. we talked about this yesterday, the message from chuck schumer saying the belt tightening of 2010 is over. you have the wind at your back based on the argument that people want to address income equality. >> i don't think he's going to say ronald reagan won't say he's going to raise your taxes, we're both going to do it, i'm going to tell you about it. he's going to talk about shared sacrifices and other words to...
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Oct 17, 2012
10/12
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number three, romney on tax rates. 107,000 tweets. let's bring in associate publisher and cofounder of social media magazines. good to have you here. >> good to be here. >> we've been mentioning the binders full of women comment. how do you think social media has changed the game? >> in so many dumpbt ways. a lot of people give a lot of credence to twitter. myself included. but what's interesting about twitter, i follow you on twitter because i like your opinions. and you follow me because you like mine. that's what people do on twitter. last night i checked in with an app so i could see other people's tweets. and what was interesting to me was to see opinions i didn't agree with. >> there's been research in political campaigns we are most influenced by our neighbors, our friends if we're an undecided voter. maybe this is the way we access more of our neighbors and friends. >> it is. and we like to -- just like in our real lives we like to be with people we agree with more. we don't like to be with people we don't disagree with. in so
number three, romney on tax rates. 107,000 tweets. let's bring in associate publisher and cofounder of social media magazines. good to have you here. >> good to be here. >> we've been mentioning the binders full of women comment. how do you think social media has changed the game? >> in so many dumpbt ways. a lot of people give a lot of credence to twitter. myself included. but what's interesting about twitter, i follow you on twitter because i like your opinions. and you...
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Apr 16, 2012
04/12
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approach to tax reform. why not? >> we have a detailed set of comprehensive rules on tax policy, both for individuals and businesses that we think will be a necessary part of any responsible solution to the long-term fiscal problems. on the business side, as you know, we propose to -- and lower rates. we're creating and building things here. on the individual side, there's lots of ways to do this but the only way to do it is by doing things that will put a modestly larger burden on the richest americans. the buffet rule you refer to is a way to make sure they can't take too much advantage of deductions in the tax code and end up paying a smaller share of income in taxes as middle class families. >> we're still talking about $5 billion to $7 billion a year. we're not talking about a huge impact. isn't this more political argument than a real fiscal fix in the scheme of the problem? >> we proposed this as part of a comprehensive set of spending savings in tax reforms. it's in that context we laid this out for
approach to tax reform. why not? >> we have a detailed set of comprehensive rules on tax policy, both for individuals and businesses that we think will be a necessary part of any responsible solution to the long-term fiscal problems. on the business side, as you know, we propose to -- and lower rates. we're creating and building things here. on the individual side, there's lots of ways to do this but the only way to do it is by doing things that will put a modestly larger burden on the...
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Aug 19, 2009
08/09
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the obama tax plans is not so. he claims most of it is going to come from cutting medicare and medicaid expenditures. >> he's not going to cut medicare and medicaid. >> he say wes ear going to cut the reimbursement rates going to the hospital. >> no, no, no. not to the hospitals. mr. istook that's not true. i give you credit -- >> year after year, the claim by congress would save by future cuts. >> the medicare reimbursement rates are going to have to change, there's no question by that. but you're going to get that by repealing the bush tax kwuts. . >> but the money doesn't come from the bush tax cuts. >> you were handed a surplus and we ended up with record deficits, record foreign debt. i want to know, where is the republican plan. if you handed me a plan tonight, what would it be? >> well, there's not one plan that's a democrat plan. there's not one plan that's a republican plan. you can talk to senator mike enzi, senator jim demint, all of whom have introduced legislation on proposals to make health care more
the obama tax plans is not so. he claims most of it is going to come from cutting medicare and medicaid expenditures. >> he's not going to cut medicare and medicaid. >> he say wes ear going to cut the reimbursement rates going to the hospital. >> no, no, no. not to the hospitals. mr. istook that's not true. i give you credit -- >> year after year, the claim by congress would save by future cuts. >> the medicare reimbursement rates are going to have to change,...
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Aug 1, 2011
08/11
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in this deal, white house is saying taxes are legitimately in the deal. triggers don't balance out equally. many in the tea party are happy to see defense cuts, so it's not an equal trigger in that sense, and secondly, the money runs out at the end of september. there's going to be another government shutdown on the card, so right to the brink, run it over the edge of the cliff, who's going to blink this time? >> right before the presidential election? >> this year, before we get there. that's the problem with debby shultz's approach. two more rounds on exactly the same subject. >> let's go to kelly o'donnell. hold on, richard, kelley's on the hill. give me the smell of the crowd out there. what we can't see, what was it like out there? >> today there was a real intense energy, chris. one of the things that was different was there was sort of a tired euphoria when the deal was announced by the majority leader and mitch mcconnell, then the president came out, then there was this sort of lull today where it was sort of a twist. you had had tea party republi
in this deal, white house is saying taxes are legitimately in the deal. triggers don't balance out equally. many in the tea party are happy to see defense cuts, so it's not an equal trigger in that sense, and secondly, the money runs out at the end of september. there's going to be another government shutdown on the card, so right to the brink, run it over the edge of the cliff, who's going to blink this time? >> right before the presidential election? >> this year, before we get...
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Nov 4, 2010
11/10
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of our country when they get the tax cut mind you. remember that issue the white house would not compromise on. today, this. >> we're certainly open to listening to their position, talking about it and working together to find a compromise that moves this issue forward. >> you get my point. instead of fighting for the progressive base that put him in the white house, from day one, president obama has reached right across the aisle and catered to a republican agenda for folks already plotting to regain power and had no interest in working with him in the first place. meanwhile, guess who's celebrating today? mama grizzly on the far right herself. >> we're going to stand up and we're going to speak out and it may take some renegades going rogue to get us there. it may take folks shaking it up to get there. we've got to do this together. >> and we had to come right out of that ad to see the look on the turk's face. cenk uygur. you know that is a flee on zeus's behind. along with glenn greenwald, the definition of fire brand. how much lon
of our country when they get the tax cut mind you. remember that issue the white house would not compromise on. today, this. >> we're certainly open to listening to their position, talking about it and working together to find a compromise that moves this issue forward. >> you get my point. instead of fighting for the progressive base that put him in the white house, from day one, president obama has reached right across the aisle and catered to a republican agenda for folks already...
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Aug 25, 2012
08/12
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these funds have used some pretty shady tax-dodging schemes to avoid paying tax returns. the reason one was set up was to avoid paying taxes in the u.s. that flies in the face of why he said previously this is what was set up. >> john cassidy of "the new yorker" is going to tell me given the release of the bain document what is we know about mitt romney's finances and taxes. what's if overall picture that emerged even if we cannot fill in every detail? >> we know when he left bain he got a complicated tax package allowing him to invest in bain capital funds. bain capital like many hedge funds and private equity firms organizes through the cayman islands. gawker got ahold of 21 of these funds documents and put them online. we can see how a lot of bain's investments and therefore romney's investments because that's where he gets a lot of his money are channeled through the cayman' lands. now, is that illegal? is it necessarily tax evasion? no, either. romney says that the reason they channel things through the cayman islands is to allow foreign investors, not american inves
these funds have used some pretty shady tax-dodging schemes to avoid paying tax returns. the reason one was set up was to avoid paying taxes in the u.s. that flies in the face of why he said previously this is what was set up. >> john cassidy of "the new yorker" is going to tell me given the release of the bain document what is we know about mitt romney's finances and taxes. what's if overall picture that emerged even if we cannot fill in every detail? >> we know when he...
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Aug 26, 2012
08/12
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and he'd used -- these funds have used some pretty shady tax-dodging schemes to avoid paying income taxes. one of the funds says specifically the reason it was set up was to avoid paying income taxes in the u.s. that flies in the face of why he said previously when he said why these things were set up. >> john cassidy of "the new yorker" is going to tell me what at this point, given the release of the bain documents, we actually know about mitt romney's finances about his taxes. what is the overall picture that has emerged in the aggregate, even if we can't fill in every detail? >> we know when he left bain he got a complicated retirement package which allows him to invest in bain capital funds. bain capital like many hedge funds and private equity firms organizes a lot of its funds through the cayman islands. gawker the website got a hold of 21 of these funds documents, put them online, and we can see how a lot of bain's investments, and therefore romney's investments because that's where he gets a lot of his money, channel through the cayman islands. now, is that illegal? no. is it nece
and he'd used -- these funds have used some pretty shady tax-dodging schemes to avoid paying income taxes. one of the funds says specifically the reason it was set up was to avoid paying income taxes in the u.s. that flies in the face of why he said previously when he said why these things were set up. >> john cassidy of "the new yorker" is going to tell me what at this point, given the release of the bain documents, we actually know about mitt romney's finances about his taxes....
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Mar 20, 2012
03/12
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it reduces the tax rate for the wealthiest americans while spreading the tax burden to middle class americans. it's the only way that we can get to a 25% rate, which is to actually make sure that the middle class pays more by reducing -- or eliminating the deductions that so many middle class americans count on. deducks for homeownership. deductions for paying for college. deductions for saving for retirement. these are very critical parts of the tax code. again, many of us would like to work on this in a very transparent and open process through the committee process, do it in a bipartisanway, but simply suggesting that you can reduce the tax burden on corporate america and on the wealthiest americans, that's been their priority all year, as you know, and we had a big fight on protecting the middle class. that's what this real disagreement is about. >> there's one other thing i want to ask you about in the time that we have left, and that is the deficit, and that is the debt. both of these do add to the debt. treasury department figures show that the federal debt under president obama has in
it reduces the tax rate for the wealthiest americans while spreading the tax burden to middle class americans. it's the only way that we can get to a 25% rate, which is to actually make sure that the middle class pays more by reducing -- or eliminating the deductions that so many middle class americans count on. deducks for homeownership. deductions for paying for college. deductions for saving for retirement. these are very critical parts of the tax code. again, many of us would like to work...
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Jul 12, 2011
07/11
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you're telling me taxes are not -- you think taxes can do it? you and i had a couple hour, a dozen reasons why mechanically that doesn't work. >> and if you and i had a week i would walk through a dozen reasons why you have no choice but to figure out how to make it work. >> i'd love the conversation. one day maybe we'll end up in the same studio and can dough an extended format here. you still have the reality and rhetoric. think of this. just doing the calculations before coming on-air taking some of the president's rhetoric about, we need to raise, on the top marshall, the top income earners. for a whole day borrow $4.7 billion a day that was going to cover 33 minutes of borrowing. at some point we need -- and i invite you. go on my website. we'll be putting the slides up later this evening. the understanding of what's reality and what isn't, i think both sides are having trouble getting their heads around the scale ever these numbers. >> yeah. and i don't disagree with that at all. and i would love to spend some time with you up in new york
you're telling me taxes are not -- you think taxes can do it? you and i had a couple hour, a dozen reasons why mechanically that doesn't work. >> and if you and i had a week i would walk through a dozen reasons why you have no choice but to figure out how to make it work. >> i'd love the conversation. one day maybe we'll end up in the same studio and can dough an extended format here. you still have the reality and rhetoric. think of this. just doing the calculations before coming...
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Apr 4, 2012
04/12
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let's get the taxes down for employers! now, we, of course, understand in a free market that regulations are necessary and critical, but they have to be continuously updated, streamlined, modernized, and regulators have to see their job not just as cracking down on the bad guys but also as protecting economic freedom and promoting enterprise and fostering job creation. washington has to become the ally of business and not the opposition of business. now, workers should have the right to join unions, but unions shouldn't be forced upon workers. unions should not have the power to take money out of their members' paychecks to buy the support of politicians favored by the union bosses. you know, out of touch liberals like barack obama say they want a strong economy, but in everything they do they show they don't like business very much. but the economy, of course, is simply the product of all the businesses in the nation added together. so it's a bit like saying you like an omelet but you don't like eggs. to build a strong eco
let's get the taxes down for employers! now, we, of course, understand in a free market that regulations are necessary and critical, but they have to be continuously updated, streamlined, modernized, and regulators have to see their job not just as cracking down on the bad guys but also as protecting economic freedom and promoting enterprise and fostering job creation. washington has to become the ally of business and not the opposition of business. now, workers should have the right to join...
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Sep 9, 2009
09/09
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but that tax will tax my plan or someone who has a plan over $8,000. it will tax that plan 35% which means it will cut the benefits of that plan. so people's plans will not be what they were before this legislation went through with a provision like that. how do you square a provision like that with the idea of if you like your plan you could keep it? >> i could probably pick provisions out of every one of these committee plans that the president would not find to his liking. he'll have his own proposal on this and he'll speak to it tonight. this is one committee of five and you know the legislative process better than anyone else. they will pass their bills. there will be a meeting of the minds in the senate. a bill passed out of the house and we bring the two bills together. i'm not going to comment on any individual items. i will let the president speak for himself tonight. >> david, you lead the best speechwriting team in the history of that building behind you. are you using any models in previous presidencies where a speech saved legislation? >>
but that tax will tax my plan or someone who has a plan over $8,000. it will tax that plan 35% which means it will cut the benefits of that plan. so people's plans will not be what they were before this legislation went through with a provision like that. how do you square a provision like that with the idea of if you like your plan you could keep it? >> i could probably pick provisions out of every one of these committee plans that the president would not find to his liking. he'll have...
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Apr 19, 2012
04/12
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a little tax relief. are you guys touring? we are. we're going to need some savings. oh, you certainly will. [ laughs ] forget tax season -- it's saving season. what do you do for a living, sir? i work at a green grocery. there's a little green for your grocery. thank you. absolutely. and as part of my saving stimulus package from progressive -- this can go in my wallet. that can go in your wallet. 30 bucks. whoo! >> let me finish with this, i love the stories how the former presidents get to be so close, especially bill clinton getting to be like a son to the senior president bush. now bill is out there speaking openly about how he feels towards the older man. i get it for personal reasons. bill clinton lost his father early on in a car crash. then he had a stepfather that beat up his mother, where young bill had to stand up and threaten that guy. he said he would beat him up if he touched his mother again. it's not hard hard to understand how bill feels towards bush senior. grown up bill clinton sees hi
a little tax relief. are you guys touring? we are. we're going to need some savings. oh, you certainly will. [ laughs ] forget tax season -- it's saving season. what do you do for a living, sir? i work at a green grocery. there's a little green for your grocery. thank you. absolutely. and as part of my saving stimulus package from progressive -- this can go in my wallet. that can go in your wallet. 30 bucks. whoo! >> let me finish with this, i love the stories how the former presidents...
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May 18, 2012
05/12
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cut taxes, give me more money, and stay out of my way. you want to do for business what any business wants you to do. the question the voters have though ask is this, why do you have a different result when you keep doing the same thing? why do you, romney, expect to take us anywhere than the downward whirlpool and signal for distress. when bailout was brought into our lives. if you're squared to that same sinking ship w. left as president, why do you sing the praise of bill clinton so often these days? can we predict the person that will hide is the guy whose policies you're out selling. you put us on that course, mister, and we're going to the same collision. that's "hardball" for now. "politicsnation" starts right now. >>> welcome to "politicsnation," i'm al sharpton. tonight's lead, willard mitt romney has a bridge he wants to sell you. a bridge to nowhere.
cut taxes, give me more money, and stay out of my way. you want to do for business what any business wants you to do. the question the voters have though ask is this, why do you have a different result when you keep doing the same thing? why do you, romney, expect to take us anywhere than the downward whirlpool and signal for distress. when bailout was brought into our lives. if you're squared to that same sinking ship w. left as president, why do you sing the praise of bill clinton so often...
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Apr 15, 2010
04/10
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this is not the same as a tax. the mandate is the principle objection from a constitutional ground to what's been proposed by the obama administration. and what's now been passed. and i think that it suffers some real constitutional vulnerability. >> okay. but if the government ran the health care program instead of having it run through private insurance companies, then it would be just like medicare and social security, it would be a tax that which would give you benefits and response. so would that be okay, constitutionally, if it was a government program? by your lights it would be. because medicare and social security are. those are taxes that you have to pay under the law and then you get benefits from. so if this health care plan were a single-payer system, then you would say, it would be okay? >> no, i'm saying that a single-payer system would avoid that particular constitutional problem. but you add all of these things up together, and you project them out into the future. and you're in a situation where y
this is not the same as a tax. the mandate is the principle objection from a constitutional ground to what's been proposed by the obama administration. and what's now been passed. and i think that it suffers some real constitutional vulnerability. >> okay. but if the government ran the health care program instead of having it run through private insurance companies, then it would be just like medicare and social security, it would be a tax that which would give you benefits and response....
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Sep 20, 2012
09/12
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the people who are not paying income taxes are either paying a lot of taxes because they're working every day but they just don't make enough money overall to pay income tax. or alternatively, they're senior citizens or their students -- i know these guys aren't making a lot of money. even with some work study programs. or they're disabled. or in some cases they're veterans or soldiers who are fighting for us right now overseas, they don't pay in income tax. and so i just think it's very important for us to understand, americans work hard and if they're not working right now, i promise you, they want to get to work and that's what my economic plan is designed to do, to get more people back to work and to lift up the middle class and people who want to work to get into the middle class. >> this is what mitt romney is up against. it's 47 days to the election. and all of a sudden mr. 47% wants americans to breathe he's mr. 100%. i don't think they make etch-a-sketches that big. not big enough for this one, anyway. joining me now is democratic strategist bob oh schrum senior adviser to the ke
the people who are not paying income taxes are either paying a lot of taxes because they're working every day but they just don't make enough money overall to pay income tax. or alternatively, they're senior citizens or their students -- i know these guys aren't making a lot of money. even with some work study programs. or they're disabled. or in some cases they're veterans or soldiers who are fighting for us right now overseas, they don't pay in income tax. and so i just think it's very...
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Sep 19, 2012
09/12
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federal income taxes, federal income taxes are the part of the tax code that is progressive. they're the part of the tax code that tends to focus in on the richer, on richer americans. payroll taxes are also federal taxes -- >> regresses ive. >> and they're more regresses ive. people don't pay them above $100,000. if you pay -- >> give me an xampbl example of the unfairness of that. like if you pay a payroll tax because you're making like $20,000 a year or $25,000 a year but not paying income tax, you're paying 15.3%. what's romney paying? >> he's paying 13.9%. exactly. in you're somebody who makes $85,000 your paying payroll taxes on all of that. you're paying a higher tax rate than mitt romney easily. it's a way of making the tax code look like the rich are paying all of it in order to justify further tax cuts for the rich. that is the policy trick being played. >> thurston howell talked like the elite talking to other elite. will that sell with archie bunker, with a guy killing himself with two jobs to get the income? is he going to like that talk that everybody not making
federal income taxes, federal income taxes are the part of the tax code that is progressive. they're the part of the tax code that tends to focus in on the richer, on richer americans. payroll taxes are also federal taxes -- >> regresses ive. >> and they're more regresses ive. people don't pay them above $100,000. if you pay -- >> give me an xampbl example of the unfairness of that. like if you pay a payroll tax because you're making like $20,000 a year or $25,000 a year but...
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Sep 7, 2012
09/12
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tax cuts for everybody and tax cuts for wealthy people sound really good, but they're cotton candy and leave the worst deficits and bigger problems down the road. i'm asking you to take the harder path. this is a president who's asking people to actually engage in shared sacrifice, which hasn't happened for a long time. the republicans aren't asking anybody to do that. they're saying the last free lunch in america is sitting right here. it's more tax cuts and people who are thoughtful understand that more tax cuts cause more debt and problems for our kids. >> 1-877-tell-hln me what barack obama's program is then. i don't know what that program is. he didn't talk about what he wants to do, except more stimulus spending. >> he talked about continuing to increase exports, a million new manufacturing jobs. >> how? >> he talked about a society where people where we invest in education and produce a workforce that's more competitive globally than the one we have. he didn't talk about carving out medicare and turning it into a voucher program. he didn't talk about leaving people out on their
tax cuts for everybody and tax cuts for wealthy people sound really good, but they're cotton candy and leave the worst deficits and bigger problems down the road. i'm asking you to take the harder path. this is a president who's asking people to actually engage in shared sacrifice, which hasn't happened for a long time. the republicans aren't asking anybody to do that. they're saying the last free lunch in america is sitting right here. it's more tax cuts and people who are thoughtful...
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Jul 2, 2012
07/12
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penalty a tax. you should call it a penalty or a fee or a fine? >> that's correct. but the president also needs to be held accountable for his hypocritical statements. >> that's not in line with republican talking points on the issue. mitch mcconnell was talked about the box romney finds himself in. >> if the obama mandate is a tax on the middle class, isn't the romney mandate a tax on the middle class? >> i think governor romney will have to speak for himself what he did in massachusetts. >> there's more to play through election day. on "meet the press" in 2006 mitt romney had trouble explaining why the fees he raised in massachusetts was not a tax. >> if it were a tax it'd be called a tax. >> that's a gimmick. >> it's reality. and i have no -- i am not trying to hide from the fact we raised fees. $240 million. >> does the gop need romney to play ball if they intend to sell this as a tax? >> michael, i've been on the program one or two other times, i've never said this before. i can't figure it out
penalty a tax. you should call it a penalty or a fee or a fine? >> that's correct. but the president also needs to be held accountable for his hypocritical statements. >> that's not in line with republican talking points on the issue. mitch mcconnell was talked about the box romney finds himself in. >> if the obama mandate is a tax on the middle class, isn't the romney mandate a tax on the middle class? >> i think governor romney will have to speak for himself what he...
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Jul 22, 2011
07/11
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there were tax increases, tax reform that would have reresulted in new tax revenue. to help pay for some of it. speaker boehner's aides, talk about how frustrating they were the bang of six proposal. when word started to look out when when were talking about it. if we tar uking about more in terms of spending cuts tax increases have to go as well. that's where things continue to break down. again the level of optimism that he could sell this thing, that completely vanished by this afternoon when boehner said it won't gaing to happen. the back story here too is string. the president couldn't get his phone calls returned. after they had so much conversation. the president calling last night at 10:00. couldn't reach boehner. finally boehner's office saying well the speaker will call the president at 5:30 and not before them. >> david when i hear something like that, it makes me wonder. is boehner not able to deliver those that he represents or he is the problem or some combination of both? i always wondered if there is a dichotomy between cantor and boehner that will do
there were tax increases, tax reform that would have reresulted in new tax revenue. to help pay for some of it. speaker boehner's aides, talk about how frustrating they were the bang of six proposal. when word started to look out when when were talking about it. if we tar uking about more in terms of spending cuts tax increases have to go as well. that's where things continue to break down. again the level of optimism that he could sell this thing, that completely vanished by this afternoon...
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Sep 9, 2009
09/09
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35% tax. >> not necessarily if they are encouraged to bring down costs in other ways. that's why this public option or co-op becomes more important. they're very profitable now. these companies have really enjoyed great profit over the last seven, eight years. while health care costs have continued to climb and premiums have continued to climb, their profits have been substantial. so i don't think necessarily that it's a pass through to the people who receive the benefits. >> you worked hard to elect barack obama and worked hard to push up the democratic majority in the senate up to 60. did you think during that campaign year that what you were really doing was designing a united states senate in which olympia snowe would become the most powerful senator in the building? >> you know, lawrence, you've spent some time around here. i actually understood that getting to the arbitrary number of 60 really wasn't going to make a huge difference because many moderate republicans replaced by moderate d
35% tax. >> not necessarily if they are encouraged to bring down costs in other ways. that's why this public option or co-op becomes more important. they're very profitable now. these companies have really enjoyed great profit over the last seven, eight years. while health care costs have continued to climb and premiums have continued to climb, their profits have been substantial. so i don't think necessarily that it's a pass through to the people who receive the benefits. >> you...
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in on fairness and basically his envy tax. and that unfortunately, won't really take us down the path of simplification. you have to have some common objective in terms of what the progressiveness and the structure of rates should be, then you simplify from there and the two sides don't agree. on china, romney's been back pedaling. i don't know by the time we're done that there willy about much much difference between become bm and romney other than he says you're a manipulator and doesn't do anything about it. romney says he want to fix dodd/frank, but he doesn't tell us what the fixes are. i'm thinking this is a much advertised play with no plot, no storyline. >> i agree. so let us go to the apollo 13 framing, hopefully not to that degree, which is jared, how do we fly the ship that we currently have so we can sit here forever and talk about what the ship can do -- >> i'm glad you asked me. i just wrote a piece on exactly this. at least four things we can do. in order of political plausibility. first of all, the federal rese
in on fairness and basically his envy tax. and that unfortunately, won't really take us down the path of simplification. you have to have some common objective in terms of what the progressiveness and the structure of rates should be, then you simplify from there and the two sides don't agree. on china, romney's been back pedaling. i don't know by the time we're done that there willy about much much difference between become bm and romney other than he says you're a manipulator and doesn't do...
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Jul 15, 2012
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it'surni inta bimessnd i ink at'shy ware t going to see much in terms of tax returns because i can tell you this. i'm getting stuff in all over, ps he anther the's a weth, n inndeda weth ofaterl toeep okinat ter of in dls a mney pernal nanc and ere e qutionwhetr he didn't tell the whole truth on maybe the disclosure forms h has filled out. >> gentlemen, on cbs this moing esidt oba sa a x onomnes rerd abain we entely propate. re'shat saiin pt. i dnot ink allt disqualifies him, but i also think it's important, if that's his main calling card,f h basiremis tha'm mr. fix- on t onom causi ma lotf moy, i thinit i enrely apppria to lk at that record, and so whether, in fact, his focus was creating jobs. and he scesslly d th andhen youook theecor therare estis the. >> ri,oou thi tha ts isllpposion sear ornted that it's coming from chicago. that the obama campaign has been sitting on these things for quite some time. askein aiffent mner,ad yourandite nt girich contued wn t pathe w head in e prary,hat u to wou havgott her >>e lo thergumt abt attacking free enterprise. but these things were known
it'surni inta bimessnd i ink at'shy ware t going to see much in terms of tax returns because i can tell you this. i'm getting stuff in all over, ps he anther the's a weth, n inndeda weth ofaterl toeep okinat ter of in dls a mney pernal nanc and ere e qutionwhetr he didn't tell the whole truth on maybe the disclosure forms h has filled out. >> gentlemen, on cbs this moing esidt oba sa a x onomnes rerd abain we entely propate. re'shat saiin pt. i dnot ink allt disqualifies him, but i also...
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Aug 24, 2012
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bigger permanent tax cut. a gold standard in theory if you weren't able to expand the currency to do that kind of thing, you wouldn't be able to do that kind of thing. >> you quoted barry icahn green, that gets to the heart of this. if you think about the housing bubble when it burst, you had a financial sector that desperately needed eed liquidit infectio infections -- injections. it would have shut down. and recession would have morphed into great depression. no question about it. >> david, paul ryan says when he thinks of monetary policy, he goes back to the work of ayn rand. which surprised me. i didn't know she had a lot of monetary policy in her books. >> he said this in a speech in 2005. he goes back to francisco who gives a speech about money. one -- >> in? >> in atlas shrug. that's one of the most powerful one he goes back -- republicans go back to. what he said was that basically -- i'm going back to the quote. the problem with paper money is it's counterfeit. and the problem with using that instead
bigger permanent tax cut. a gold standard in theory if you weren't able to expand the currency to do that kind of thing, you wouldn't be able to do that kind of thing. >> you quoted barry icahn green, that gets to the heart of this. if you think about the housing bubble when it burst, you had a financial sector that desperately needed eed liquidit infectio infections -- injections. it would have shut down. and recession would have morphed into great depression. no question about it....